Amsterdam – 11 May 2017 - Intertrust N.V. ("Intertrust" or the “Company") [ticker symbol INTER], a leading global provider of high-value trust, corporate and fund services, announces that the share buy-back program announced on 22 March 2017 has been successfully completed.
Between 22 March 2017 and 11 May 2017 a total of 1,856,354 shares were repurchased, at an average price of EUR 18.26 per share. As previously mentioned, these shares were repurchased to cover a deferred obligation to transfer shares towards certain employees including the selling shareholders within the former management team of Elian.
The repurchase transactions were executed by the independent broker, Kempen & Co, on Intertrust’s behalf and were funded from Intertrust’s available cash resources.
For further information
Anne Louise Metz
Director of Investor Relations, Marketing & Communications
Tel: +31 20 577 1157
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© 2017 Intertrust Group B.V